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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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Dec 5, 2012
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...
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thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of l
thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to...
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Nov 30, 2012
11/12
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the president and john boehner's relationship. john boehner now, when he walks back to hc-5 and he has that meeting with a republican caucus that he's having to drag to the table to bring -- generate new revenue. he now goes back, and boehner faces a very angry caucus. tom cole came out and said, hey, let's go ahead and raise taxes. that was remarkable. eric cantor on this show said, we have to raise additional revenue. republicans have stepped forward and said that. if i were a sitting member of congress right now, a guy on this show who has said for years we have to make a deal, my response to john boehner would be very simple. just stop talking to him. don't talk to them until they make a serious offer. just don't. because this is, after all, a party that's been running the u.s. senate for years, and they've never produced a budget. if they want to offer us something serious, great. if not, well, we'll just sit back and wait. really, i've got to say, i'm really stunned by what happened yesterday, mark. tell us why it happened t
the president and john boehner's relationship. john boehner now, when he walks back to hc-5 and he has that meeting with a republican caucus that he's having to drag to the table to bring -- generate new revenue. he now goes back, and boehner faces a very angry caucus. tom cole came out and said, hey, let's go ahead and raise taxes. that was remarkable. eric cantor on this show said, we have to raise additional revenue. republicans have stepped forward and said that. if i were a sitting member...
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but john boehner can rail against it which will make it easier for john boehner to sell to his conference. i think it's far fetched. i don't think either of these men, president obama or john boehner, want to see this country go off the fiscal cliff. there's obviously too much at stake not only politically but for the lives and welfare of americans. i think that's foremost in their mind, even given all the politics. so thelma and louise, whatever conspiracy theories we see right now, they might be justified because we're at a standoff at least publicly right now as we head into december, alex. >> mike viqueira at the white house, thanks for that. >>> joining me for more front page politics, perry bacon junior and political contributor for the "washington post." perry, the president's plan is pretty ambitious. what is the strategy here? >> the strategy is to move this debate to the left. i mean, a lot of times you saw in these first four years obama would kind of start in the center on a plan and then the republicans could move to the right a little bit. in this plan, obama knows republica
but john boehner can rail against it which will make it easier for john boehner to sell to his conference. i think it's far fetched. i don't think either of these men, president obama or john boehner, want to see this country go off the fiscal cliff. there's obviously too much at stake not only politically but for the lives and welfare of americans. i think that's foremost in their mind, even given all the politics. so thelma and louise, whatever conspiracy theories we see right now, they might...
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. >> let's listen to what john boehner said this morning. here it is. >> right now, i would say we're nowhere. peri period. we're nowhere. we have put a serious offer on the table by putting revenues up to try to get this question resolved, but the white house has responded with nothing. they have asked for more revenue than they have been asking for the whole time. >> is that a serious offer if it's just talk that they are willing to raise revenues, and if those revenues aren't tax hikes on the top 2% that the president is call iing for? >> it depends on the starleting point versus the end point. for republicans, the issue they are dealing with is they are going to face blame and internal problems no matter what happens. so for them, if they get an offer from the president that they can at least sell as including significant spending cuts or entitlement reform, that when they agree to allow the tax rates go up, they will be grumbling in the party, but there have things we have been asking for and we got that. if way they don't get a deal th
. >> let's listen to what john boehner said this morning. here it is. >> right now, i would say we're nowhere. peri period. we're nowhere. we have put a serious offer on the table by putting revenues up to try to get this question resolved, but the white house has responded with nothing. they have asked for more revenue than they have been asking for the whole time. >> is that a serious offer if it's just talk that they are willing to raise revenues, and if those revenues...
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Dec 4, 2012
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>> john boehner's counteroffer was pathetic. even the tea party members are saying that it was pathetic. this republican party in the house pet better show courage or it's going to be voted out of power two years from. >> the president is going to have to do something big to get this done. there's been four years course of he doesn't get along with the party, he doesn't make the kind of effort that you're talking about. i don't think there's going to be any doubt that they have to find some interhuman connection moment na says we are doing this. >> let's get started. joining me is bob casey who is moderating the hearing on the fiscal cliff next week. sir, i start with the comparison of the two plans so everyone can see this. the gop plan through closing loopholes and no deductions and rate hikes, as we pointed out as exposed under the democratic plan. the republican plan includes more entitlements through republican reform and then eligibility age being raised than the gop plan including changes of social security not addressed
>> john boehner's counteroffer was pathetic. even the tea party members are saying that it was pathetic. this republican party in the house pet better show courage or it's going to be voted out of power two years from. >> the president is going to have to do something big to get this done. there's been four years course of he doesn't get along with the party, he doesn't make the kind of effort that you're talking about. i don't think there's going to be any doubt that they have to...
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess cat
direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at...
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Dec 4, 2012
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they will meet with white house speaker john boehner. in the meantime the white house is rejecting the latest proposal. house republicans send it to the white house yesterday their republicans plan does not increase tax rates which the white house insists must be included in any deal. >>> they are trying to make california public schools green. they will update the efficiency of public schools in california. it's being introduced by an assembly woman. the recent funding would come from proposition 39 and it comes from a fund. >>> police say 44-year-old john roady robbed the class sunday night. he took computers and other electronics. police recovered some of those during his arrest. he was on probation for burglary and now he faces new charges. >>> we have a car versus a dear at the paradise east bound. it is backed up and running, here is a look at the east shore freeway and mcarthur maze no dislace, traffic is flowing -- no delays, traffic is flowing well in both directions. >>> light rain is trying to develop up in lake men seen know,
they will meet with white house speaker john boehner. in the meantime the white house is rejecting the latest proposal. house republicans send it to the white house yesterday their republicans plan does not increase tax rates which the white house insists must be included in any deal. >>> they are trying to make california public schools green. they will update the efficiency of public schools in california. it's being introduced by an assembly woman. the recent funding would come from...
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. >> could i just say, in the words of speaker john boehner, we need to find common ground here, and we need to do it quick. >> there ain't going to be any between these two ties, my man. over here, good news, jon meacham will be number one on "the new york times" best-seller list this weekend. >> hear, hear. >> his book, "jefferson." bad news is he's going to get there wearing that tie with bunny rabbits on it. here they are. could we get a text poll? >> can i just tell you, i got this from harold ford. >> that explains a lot. >> so there you go. >> that means it's free at both ends. >> it's a disgrace to michael steele who dresses so well each and every day. >> look, i just show up and play, baby. that's it. >> you're doing a good job with that. >> got the pocket square. steele's going for if. >> congratulations on the book. >> thank you. >> going gangbusters. >> thank you. it's been fun. i've been out talking to folks, and everybody's been really, really nice. >> why are people so thrilled? i'm not saying this to give you crap. >> i can tell. >> why are people so thrilled by thoma
. >> could i just say, in the words of speaker john boehner, we need to find common ground here, and we need to do it quick. >> there ain't going to be any between these two ties, my man. over here, good news, jon meacham will be number one on "the new york times" best-seller list this weekend. >> hear, hear. >> his book, "jefferson." bad news is he's going to get there wearing that tie with bunny rabbits on it. here they are. could we get a text...
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van hollen. thank you for your time, sir. very busy and saw you on the monday morning program as well. how would you categorize talks right now? is this a true stalemate? >> well, it's only a stalemate because speaker boehner, the republican leader, has not put his proposal on the table. as you know, the president has put his cards on the table. he presented a plan. you can find it on the internet. now it's time for speaker boehner to come forward. i should say that tomorrow in the house of representatives the democrats are going to file what's known as a discharge petition to bring the senate-passed bill that extends middle class tax cuts to the floor of the house for an up or down vote. if we can get 218 signatures, 218, that's a majority, then that senate bill would come to a vote. we could immediately pass the middle class tax cuts, and the president is
john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van hollen. thank you for your time, sir. very busy and saw you on the monday morning program as well. how would you categorize talks right now? is this a true stalemate? >> well, it's only a stalemate because speaker boehner, the republican leader, has not put his proposal on the table. as you know, the president...
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after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android products. >>> big cuts coming to cityback. 11,000 jobs worldwide. that'll save more than a billion dollars a year in expense. bank plans to scale back consumer operation in other country. not sure how many jobs cut in the u.s. >>> and the annual tree lighting ceremony. >>> the tree lying with a help of ten-year-old boy who has autism. the tree is a 50-footal white fir. it's decorated with onments made by disabled children and adults. >>> and more one wanted pets are coming in and fewer being adopted but a new incentive at some south bay shelter may convince some feel take a >>> we're following developing
after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android...
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speaker of the house john boehner not willing to budge on demands to end the bush year tax cuts but is offering a 2.to kbrinl reduction plan as a counter proposal to ending breaks. this afternoon, house speaker spent the president a letter outlining $800 billion through tax reform. but the cuts remain in place. the plan calls for $600 billion in savings from health sources, $300 billion in additional mandatory savings. sound vague to you? abc 7 political analyst says that is part of the game. >> every time you make cuts at this point, you're affecting some constit twensys going to get mad at you. >> the president is asking for $1.6 trillion in new revenue over next 10 years mostly from the rich. speaker boehner offering half of that amount through his tax reforms and if they can't find an agreement it means on january 1 nearly every american will pay more income tax, between 2000 and $2400 for average families. san francisco cafe distill, the owner says we can pay that. if his employees have to pay, that would hurt. >> $2400 makes a big difference for employees making between 15s skpdz
speaker of the house john boehner not willing to budge on demands to end the bush year tax cuts but is offering a 2.to kbrinl reduction plan as a counter proposal to ending breaks. this afternoon, house speaker spent the president a letter outlining $800 billion through tax reform. but the cuts remain in place. the plan calls for $600 billion in savings from health sources, $300 billion in additional mandatory savings. sound vague to you? abc 7 political analyst says that is part of the game....
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check out what house speaker, john boehner, had to say this week. >> the white house spends three weeks of trying to develop a proposal that calls for $1.6 trillion in new taxes, calls for a little, not even $400 billion in cuts and they want to have this extra spending that's actually greater than the amount they are willing to cut. it was not a serious proposal. right now, we are almost nowhere. >> oh, mr. boehner, you have got it all wrong. it is a serious proposal, really serious. godfather serious. >>> watching the d.c. drama convinced those of us in nerdland that president obama must be a fan of the francis ford copel la masterpiece. remove the lethal components and there are valuable negotiating lessons that the president seems to be picking up on, like this one. >> my father taught me many things here. he taught me in this room. he caught me keep your friends close but your enemies closer. >> well, president obama keeping his opponents close in hand. lunch with mitt romney. a mid-week summit with the business leaders that supported romney. the ceos of marriott, at&t and state fa
check out what house speaker, john boehner, had to say this week. >> the white house spends three weeks of trying to develop a proposal that calls for $1.6 trillion in new taxes, calls for a little, not even $400 billion in cuts and they want to have this extra spending that's actually greater than the amount they are willing to cut. it was not a serious proposal. right now, we are almost nowhere. >> oh, mr. boehner, you have got it all wrong. it is a serious proposal, really...
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republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're nowhere, period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they've actually asked for more revenue than they've been asking for the whole entire time. >> what are the chances we're going to go over the cliff? >> there's clearly a chance. >>> meanwhile, grover norquist making a new prediction should lawmakers fail to reach a deal. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 9
republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're...
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. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw some abuse and they saw voters did not like the program and that it was a perk they could give up. >> starting this year, lawmakers are not issued any cars anymore instead they are. >> paid a moulin rate -- mileage rate for using their own vehicles. >>> now here is a look at items where they recently confiscated them from the burglary ring. investigators have arrested two brothers an
. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of...
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host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time for the republicans to move past this happy talk about revenues, ill-defined of course, and put specifics on the table. the president made a proposal. we need a proposal from them. >> the proposal includes $1.6 trillion in new revenues. other proposals out. some deal with unspecified entitle cuts and some spending, there's a write-up in "usa today." we'll show you that during the course of this segment. but that's the proposal as far as it was delivered by the secretary. i suppose more reaction will come today. but we're getting your thoughts on ways to prevent this fr
host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time...
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. >>> john boehner and other congressional leaders met with timothy giethner. it appears no progress was made in striking a compromise. boehner says he was quote disappointed with the white house officer. >>> the online gaming company zynga is indy skating it is scaling back its partnership with facebook. facebook says it will not retain what has been called an exclusive deal with zynga. >>> a number of americans filing for job claims has dropped to 393,000. it was the second straight drop after superstorm sandy caused a shark spike in unemployment applications. the four week average rose to 405,000. >>> vets can apply for jobs for up to 30 employees including toyota, home depot and the local police department. >> we're good people. we want to -- we want to work hard. we want to serve that organization. we want to better it. we want to bring in those organizations. >>> there was also a workshop to help veterans polish up their resumes. they've helped more than 14,000 veterans find jobs nationwide. >>> hostess brand says it has a bounty of potential buyers for i
. >>> john boehner and other congressional leaders met with timothy giethner. it appears no progress was made in striking a compromise. boehner says he was quote disappointed with the white house officer. >>> the online gaming company zynga is indy skating it is scaling back its partnership with facebook. facebook says it will not retain what has been called an exclusive deal with zynga. >>> a number of americans filing for job claims has dropped to 393,000. it was...
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house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to r
house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early...
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Dec 3, 2012
12/12
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john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama w
john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home...
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Dec 4, 2012
12/12
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CURRENT
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john boehner total total joke. i think the president -- i mean should just reject this thing out of hand and say we would rather have -- okay, here's my vote. do you agree? 1-866-55-press. my vote is no deal. no deal rather than a bad deal. no deal rather than give the wealthiest 2% another tax cut. john boehner no deal! >> i'm flabbergasted. >> announcer: this is the "bill press show." "talking points" that the right have about "the heavy hand of government". i want to have that conversation. let's talk about it. really. really! that you're gonna lay people off because now the government's going to help you fund your health care. really? i wanna be able to have those conversations. not just to be confrontational, but to understand what the other side is saying. and you know, i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light buttery
john boehner total total joke. i think the president -- i mean should just reject this thing out of hand and say we would rather have -- okay, here's my vote. do you agree? 1-866-55-press. my vote is no deal. no deal rather than a bad deal. no deal rather than give the wealthiest 2% another tax cut. john boehner no deal! >> i'm flabbergasted. >> announcer: this is the "bill press show." "talking points" that the right have about "the heavy hand of...
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Dec 1, 2012
12/12
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KRON
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boehner thursday --house speaker john boehner says that the idea of boosting revenue by 1.6 trillion over the next decade would be a 'crippling blow' to the economy. >> ".we're at a stalemate.. .let's face it...." >> "vhope that's a figure of speech. shouldn't be talking about a stalemate." we should not even think of that term of a stalemate. >>catherine: the key sticking point....taxes. democrats want to extend bush-era tax cuts for the middle class...while allowing rates to jump republicans don't want a tax rate increase on anyone. period. the white house is hoping that the fact the president is taking his case to the public will help build momentum....and pressure congress to act. of course the real negotiating is going on behind closed doors.. and with 32 days before tax hikes and spending cuts kick in....there are few signs of progress... catherine heenan, kron 4. >> congressional insiders that a deal could be reached before the deadline we will be right back. ♪ aids is not going to take my baby. ♪ aids will not take our future. ♪ our weapons are testing... education, car
boehner thursday --house speaker john boehner says that the idea of boosting revenue by 1.6 trillion over the next decade would be a 'crippling blow' to the economy. >> ".we're at a stalemate.. .let's face it...." >> "vhope that's a figure of speech. shouldn't be talking about a stalemate." we should not even think of that term of a stalemate. >>catherine: the key sticking point....taxes. democrats want to extend bush-era tax cuts for the middle...
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Dec 5, 2012
12/12
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KRON
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experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the wet weather is to the north. it is going to pick up in intensity, overnight. it will impact certain areas to more with moderate/heavy downpours. it could try out at night and it looks like that we will have a drying trend with the workweek. taking a look at the stormtracker 4 some pretty widespread rainfall in the north bay. the pat tillman/1 0 1 towards the santa rosa is wet petaluma- increasing in intensity, overnight. by midnight, the orange. moderate/heavy. and by 6:00 a.m., more widespread if for the morning hours. and it
experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas....
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Dec 3, 2012
12/12
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but house speaker john boehner says it's not a series plan. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. >> if they are going to force higher rates on virtually all americans because they are not allowing tax rates to go up rob 2% of americans that is something we will have to face. >>> attorneys for oscar grant's family -- grant was shot and killed by police officer johannes mehserle on new years day back in 2009 in two oakland civil rights attorneys will argue before the ninth circuit court of appeals in san francisco that bart police officers should not receive legal immunity. last year a federal judge ruled to let the suit go forward but the officers appealed that ruling to the ninth circuit court. >>> this is day seven of a strike by clerical workers. contract talks between the workers and shippers at the ports of los angeles and long beach have resumed. the walk out by the clerk has dramatically slowed activity at the ports. dock workers are refusing to cross the picket lines. >>> oak 4:36 now. much
but house speaker john boehner says it's not a series plan. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. >> if they are going to force higher rates on virtually all americans because they are not allowing tax rates to go up rob 2% of americans that is something we will have to face. >>> attorneys for oscar grant's family -- grant was shot and killed by police officer johannes mehserle on new years day back in...
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Dec 1, 2012
12/12
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. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, he drew a hard line, including $1.6 trillion in revenues, $600 billion in additional spending cuts, about half in medicare, and at least $50 billion infrastructure spending. >> we don't want to increase tax rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones to make it happen. >> reporter: now also a part of the president's plan ending congressional oversight of the deb
. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, he drew a hard line, including $1.6 trillion in revenues, $600 billion in additional spending cuts, about half in medicare, and at least $50 billion infrastructure spending....
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Dec 4, 2012
12/12
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will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question. don't play games right now. will you -- do you think that they should actually vote -- >> i'll answer -- >> -- do you -- >> i will answer your question. we just had to take off the question the nonsense attack that i expect from harry reid. i will call mr. boehner tomorrow shortly after i call harry reid and ask him to make sure that the senate rules will allow open debate and open amendment and that he won't play games as he's been doing for the last four years, and when harry agrees to that, i will call boehner and ask him to alter house rules. >> okay. >> i'l
will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question....
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Dec 6, 2012
12/12
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WUSA
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president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grass roots campaign wants to sign up more than two million people to put pressure on both sides. danielle nottingham, cbs news, washington. >>> 9news now is talking to our local congressional members about the fiscal cliff. and tonight at 7:00 p.m., maryland senator ben cardin will join derek mcginty in our studio. last night virginia democrat jerry connolly stopped by and the 11th district representative stressed that there is room for compromise on his party's side. >> it ought to be ope
president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to...
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Nov 30, 2012
11/12
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CNNW
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let's listen to house speaker john boehner again. >> right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they are willing to make. >> so you know, the republicans want to see bigger spending cuts, more spending cuts on the democratic side. this $450 billion from the white house, unspecified cuts to medicare is just not enough. so, that's where we stand with just over a month to go before this big deadline and the holiday break is coming up. >> very concerned about that. the president is taking his pitch to pennsylvania today. what is he going to say to the american people and how does he plan to sell his approach? a lot of people want a plan to pass. >> certainly, polls show there's support for this combination of tax increases and spending cuts. the president is going to a toy manufacturer. the white house says this is the kind of company that relies on middle class companies, the kind of families that could see their taxes go u
let's listen to house speaker john boehner again. >> right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they are willing to make. >> so you know, the republicans want to see bigger spending cuts, more spending cuts on the democratic side. this $450 billion from the white house, unspecified cuts to medicare is just not enough. so,...
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Dec 7, 2012
12/12
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KTVU
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john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations. >>> the s.w.a.t. team surrounded an apartment late last night. we don't have any other details, but the s.w.a.t. activity ended around 2:00 a.m. no word if any arrests were made. >>> a labor dispute at oakland international airport could erupt into a full-blown strike during holiday traffic. union members picketed yesterday on behalf of nonunion members who they say have been mistreated. this coincides around one of the busiest times of the year at the airport. >> this is a busy time of year, a lot of passengers coming in and out of the airport, people will appr
john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations....
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Dec 5, 2012
12/12
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. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this new video. the typhoon is expected to continue to dump rain for several days. >>> a major pot growing operation inside this house, how police actually discovered it and the owner's reaction when he saw all of this for the first time. >> some local students are honored for tackling a very serious issue in the classroom and on campus. how they're trying to stop the cycle. (car horn) paying with your smartphone instead of cash... (ph
. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the...
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Dec 5, 2012
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house speaker john boehner offered a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>> shares of pandora media fell nearly 20% in after-hours trading on a disurge asking outlook for their current quarter. the oakland-based internet radio company says it expects to lose between 6 and 9 cents a share in the 4th quarter. they reported 3rd quarter profits tripled to $2 million. that worked out to a penny a share and apparently not enough. >>> "star wars" franchise is officially gone to disneyland. federal regulators have cleared disney's $4 billion purchase. lucasfilm. filmmaker empire behind the "star wars" franchise. sale was a
house speaker john boehner offered a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal...
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Dec 5, 2012
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. >>> coming up at 6:15 the uphill battle facing this man republican house speaker john boehner within his own party. as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have flooding in the two right hand lanes. so be aware of that. and then if we head over to the oakland care you can -- oakland area we have slowing through the richmond area. we also have this accident still being cleared here at buchanan street and a stalled truck on 24 near the caldecott tunnel. if we take a live look at the bay bridge toll plaza, we have a lot of rain out there. the metering lights are on. you're looking at an extra 15 minutes to get into san francisco. here's a look at highway 24 li
. >>> coming up at 6:15 the uphill battle facing this man republican house speaker john boehner within his own party. as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now...
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Dec 6, 2012
12/12
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. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's ri
. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax...
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Dec 3, 2012
12/12
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. >>> in washington, house speaker john boehner says republicans and democrats are at a stalemate again in negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was here on capitol hill last week to present the president's plan to congress. >> i was flabbergasted. you can't be serious! >> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't
. >>> in washington, house speaker john boehner says republicans and democrats are at a stalemate again in negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will...
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Dec 1, 2012
12/12
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treasure secretary tim geithner and exclusive with yawn boehner. -- john boehner. >> in egypt thousands of os was muhammad morsi have gathered the the muslim brotherhood who helped tod rally to grant mursey sweeping powers . joining us now with the fall out following the un vote gill hoffman. thank you for joining us today. what impact do you think that the un vote will have to get a palestine state established? >> no impact whatsoever. they were granted nonmember status as observers in the united nations that. changes nothing on the grounds for the palestinian people . israel buss -- ambassador to the un said it goes through negotiations in jerusalem and ramallah and not new york. >> what is the reaction for the people of israel and whether it would lead to meaningful negotiations? >> i think they are disappointed that the palestinians instead of coming to the table turned to the community and united nations where they have an obvious majority. it doesn't mean anything . no operative power. palestinians, have done everything but sit down with israel since august 30th, 2008. they haven'
treasure secretary tim geithner and exclusive with yawn boehner. -- john boehner. >> in egypt thousands of os was muhammad morsi have gathered the the muslim brotherhood who helped tod rally to grant mursey sweeping powers . joining us now with the fall out following the un vote gill hoffman. thank you for joining us today. what impact do you think that the un vote will have to get a palestine state established? >> no impact whatsoever. they were granted nonmember status as...
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Dec 3, 2012
12/12
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john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
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Dec 1, 2012
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house speaker john boehner says the president's proposal would be a blow to the economy. if a compromise isn't reached soon automatic tax hikes and steep budget cuts will kick in january 1. >>> and as budget talks continue little changed on wall street today. the dow closed with a 4 point game. the nasdaq lost 2. s&p 500 edged up less than a point. >>> anthem blue cross was first. now several other health insurers jumping on board with their own proposed double-digit rate hikes. cbs 5 consumerwatch reporter julie watts says, critics say that the move is a preemptive strike to raise the rates before healthcare reform kicks in. >> a 25% increase. i felt like i had been kicked in the stomach. >> reporter: a healthcare provider herself, pediatrician jan feels helpless. her individual blue cross health insurance premium is going up nearly $300 a month. >> they could never get away with a 25% increase on a group plan but we're the little guys. we have no power. >> that's right. >> reporter: this consumer watchdog says insurance companies are reluctant to raise rates on big comp
house speaker john boehner says the president's proposal would be a blow to the economy. if a compromise isn't reached soon automatic tax hikes and steep budget cuts will kick in january 1. >>> and as budget talks continue little changed on wall street today. the dow closed with a 4 point game. the nasdaq lost 2. s&p 500 edged up less than a point. >>> anthem blue cross was first. now several other health insurers jumping on board with their own proposed double-digit rate...
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Nov 29, 2012
11/12
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yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those positive comments. meantime small businesses hit it big on cyber monday. digital research firm big commerce says a surge in orders drove overall revenue for small chains and mom and pop stores up 25% over last year's cyber monday. the average order price was 8% higher. online shoppers bought so much stuff, local retailers were averaging about two orders per second. that's four times the normal daily rate. >>> you know, it seems as though every single day during the holiday season has its own title. small business saturday, cyber monday, now it's cyber week. i'm wondering if every day between now and
yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those...
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Nov 29, 2012
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. >> house speaker john boehner came out of the meeting declaring himself disappointed with the white house's proposals. he says democrats have failed to offer a specific plan for cutting spending. and sources who have been in on the talks for months say even though in public the deal seems like it won't happen, in private it is starting to take shape. here's some of the details they have given politico.com. taxes will go up about $1.2 trillion, entitlement programs mainly medicare will be cut by no less than $400 billion. there will be at least $1.2 trillion in spending cuts and war cuts. >>> another point in the "fiscal cliff" discussion unemployment a new congressional budget office report showing americans have collected more than half a trillion dollars in federal jobless benefits in the last five years. >>> a battle over an oyster farm has ended. the u.s. interior secretary ken salazar is not renewing drake's bay's oyster company's lease which expires at the end of the month. he visited the farm along point reyes national seashore last week saying it should be returned to the wi
. >> house speaker john boehner came out of the meeting declaring himself disappointed with the white house's proposals. he says democrats have failed to offer a specific plan for cutting spending. and sources who have been in on the talks for months say even though in public the deal seems like it won't happen, in private it is starting to take shape. here's some of the details they have given politico.com. taxes will go up about $1.2 trillion, entitlement programs mainly medicare will...
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Dec 3, 2012
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KRON
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house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend the bush era of cut for incomes that are under $250,000 and led the other is expired. >> moody's analytics predicting there will be a short-term deal reached before the end of the year. we will take a quick break on the kron for morning new we want to go outside and give you a quick look. we will tell you about the power outages i think we have information where you can see the north bay is still dealing with more than 1300 customers without power in the south bay about 1100. in the east bay 940. 700 on the peninsula and roughly 60 customers in san francisco. we will let you know as we
house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend...
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Dec 6, 2012
12/12
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KPIX
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a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but had the repairs done. they got more money for those cars. so i guess it evens out. >>> same-sex marr
a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car...
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Dec 1, 2012
12/12
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CSPAN
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first, president obama speaks in pennsylvania, followed by john boehner responded to the president from capitol hill. then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set
first, president obama speaks in pennsylvania, followed by john boehner responded to the president from capitol hill. then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have...
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Dec 5, 2012
12/12
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CNBC
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john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the united states goes over the proverbial fiscal cliff. and that's why president obama has an advantage, because he's willing -- he says, this is what he and his advisers say, he's willing to send the nation off of the fiscal cliff, letting all income tax rates to jump, spending cuts to take hold, investment income rates to jump. he's willing to do that. he thinks republicans would get the political blame. republicans, on the other hand, note that listen, the president's going to have to have another term where he's dealing with what's likely to be a deep recession as a r
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the...
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Nov 30, 2012
11/12
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KNTV
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. >> john boehner calling the massive increases and spending cuts scheduled for january 1st a real possibility, but many washington insiders say a deal is still doable. >>> 4:45. so how is wall street reacting to all the uncertainty? for more on that, we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> reporter: hey, good morning. yeah, you know, wall street basically reacts to those headlin headlines. that's what's moving us these days. we had a fairly choppy session on thursday because of it. the markets rose and fell, as you heard from democrats and republicans. they started saying the talks weren't going well. that's when things started to go lower. lawmakers are edging closer to that year-end fiscal cliff, 31 days and counting now. today we'll get data on personal income, spending and manufacturing. we've got the futures pointing to a higher start. we'll see if the dow can extend its gains. it closed up 36 points to 13,021. the nasdaq up 20 to 3012. with one day to go in november, the nasdaq and the s&p 500 are in the black, but the dow is still in the red f
. >> john boehner calling the massive increases and spending cuts scheduled for january 1st a real possibility, but many washington insiders say a deal is still doable. >>> 4:45. so how is wall street reacting to all the uncertainty? for more on that, we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> reporter: hey, good morning. yeah, you know, wall street basically reacts to those headlin headlines. that's what's moving us these days. we...
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john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you
john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn...